Murex Front Office Consultant

Description:

Role is 100% remote. The work hours will be US EST (eastern) hours ( 2 PM to 10 PM UK time ), so the resource will need to support those hours.

We are seeking an experienced Murex Front Office / ERM Consultant with strong expertise in Market Risk, Credit Risk (MLC), and xVA. The ideal candidate will work closely with front office, risk, and IT teams to deliver high-quality solutions on the Murex MX.3 platform, supporting pricing, risk management, and regulatory requirements across financial products.

Responsibility :

• Configure, implement, and support Murex MX.3 Front Office and ERM modules (Market Risk, Credit Risk/MLC, xVA, MRB).
• Ensure alignment of system setup with business requirements and regulatory standards.
• Translate business needs into functional and technical specifications.
• Support a wide range of financial instruments, including derivatives and fixed income products.
• Provide expertise in pricing models, valuation, and risk metrics.
• Configure Murex workflows, pricing models, risk calculations, and reporting frameworks.
• Implement enhancements and support ongoing system upgrades.
• Provide L2/L3 production support for the Murex platform.
• Troubleshoot issues, perform root cause analysis, and ensure timely resolution.
• Ensure compliance with market risk, credit risk, and regulatory reporting requirements.
• Support audit and regulatory initiatives.
• Identify opportunities for automation, performance optimization, and process efficiency improvements.
• Contribute to best practices and knowledge sharing within the team.

Technical Skills :

• 6–12+ years of experience in Murex Front Office and ERM modules
• Strong expertise in:
• Market Risk
• Credit Risk (MLC)
• xVA
• Hands-on experience with MX.3 ERM modules (MLC / XVA / MRB)
• Proficient in:
• SQL
• XML
• Unix
• Scripting

Domain Knowledge:

• Minimum 2–3 years of experience in financial markets and products
• Strong understanding of:
• Trade lifecycle
• Pricing and valuation
• Risk management concepts

…